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Saturday, October 9, 2010
Gold Chart! No Technical Clue for Selling
Gold is getting good support on 13 day's moving average. In some cases, its getting support at 21 days moving average. Its seems gold is in extreme bullish. As per technical trading it may test $1300. If it couldn't hold over there gold's next target will be 1250. Buying in between $ 1250 - $ 1300 is less risky. Over all indicators are guiding gold toward $ 1400.
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USDCHF Technical Analysis - Sell at 0.9955
USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...
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Pivot: 78.45 Our preference: Short positions below 78.45 with targets @ 78.05 & 77.85 in extension. Alternative scenario: Above 78....
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Pivot: 92.85 Our preference: SHORT positions below 92.85 with 91.55 & 90.8 as next targets. Alternative scenario: The upside break...
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EURUSD extended its losses today after worse than expected GDP figures from Germany (-0.6%), Italy (-0.9%), France (-0.3%) and also after po...
